Rox Resources Extends Youanmi Gold Project Mineralisation
THE DRILL SERGEANT: Rox Resources (ASX: RXL) reported on drilling carried out at the Youanmi gold project near Mt Magnet in Western Australia.
Rox Resources completed the drilling with Joint Venture partner Venus Metals (ASX: VMC) in the OYG JV area (Rox 70% and Manager, VMC 30%).
The current RC drilling program has been designed to test the southern continuation of the Grace deposit and other high grade near mine targets including the recently identified high priority Junction and Link targets.
Results have been received for three holes; results are still to come in for 15 holes.
Highlights to date include:
RXRC363
8 metres at 19.9 grams per tonne gold from 68m, including 4m at 38.3g/t gold from 68m.
Shallow high-grade mineralisation in Granite at Grace South.
RXRC362
4m at 5g/t gold from 40m.
In Granite at Grace South.
RXRC361
4m at 6g/t gold from 84m and 8m at 4.1g/t gold from 112m
At Junction.
The recently returned drill results have extended the known area of high-grade mineralisation at Grace by 100m to the south of previously determined extent.
“We are pleased to report these latest strong drill results from Youanmi and the shallow strike extensions at Grace,” Rox Resources managing director Alex Passmore said in the company’s ASX announcement.
“We look forward to updating the market as more results come to hand.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE
Email: admin@roxresources.com.au
